Where and How to Buy Olyverse in 2022 – A Beginner’s Guide
By Meghan M. 8 min read
Where to buy Olyverse
Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase Olyverse (OLY) in 2022.
Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your Olyverse.
1. Gate.io
Gate.io is one of the fastest-growing cryptocurrency platforms, featuring a premier Initial Exchange Offering (IEO) platform, several cryptocurrencies, leveraged margin trading, and other innovative financial services like as margins loan or loans. Despite having a robust trading engine, the platform interface is fairly cluttered and is not the greatest location for beginner investors to start.
Gate.io Pros
- The platform is available in over 400 markets and 800 coins worldwide.
- The IEO (initial exchange offering) platform is fantastic.
- Strong mobile application.
- There are several options available, including spot trading and margin trading with 10x leverage.
- Exchange that is extremely secure.
- Customer service is available 24/7.
Gate.io Cons
- The exchange is unregulated.
- It is not advised for inexperienced traders.
Getting Started with Gate.io
Creating an account on Gate.io is pretty simple and straightforward, just follow these simple steps below.
Step 1: Go to the official Gate.io website and click Sign Up.
Step 2: On the next screen, enter your email address, and create a password.
Step 3: Next: You must generate a fund password (This password adds an extra layer to your security as without this key no one can withdraw funds from your account).
Step 4: You will be prompted to confirm your email address.
Step 5: Once you've verified your email, you can simply Login to the site and begin trading!
Note: Due to changing regulations, You might need to go through a KYC process to verify your identity.
Other Exchanges to buy Olyverse
Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy OLY.
Buy Olyverse on Decentralized Exchanges.
Below, you will find comprehensive and detailed review about top rated decentralized exchanges using which you can buy Olyverse (OLY) easily.
1. Uniswap (v2)
Uniswap (v2) Pros
Uniswap (v2) Cons
2. Uniswap (v3)
Uniswap is a decentralised exchange (DEX) that allows users to finance liquidity pools and benefit from them.
The platform's user-friendly online interface allows users to exchange Ethereum-powered ERC-20 tokens. Previously, decentralised exchanges had small order books and poor UXs, leaving a huge opportunity for successful decentralised exchange.
Users no longer have to accept defects because they can easily exchange Ethereum-based protocols using a web 3.0 wallet thanks to Uniswap. You can do so without having to deposit or withdraw funds from a centrally controlled order book. Uniswap allows users to trade without the intervention of a third party.
Uniswap (v3) Pros
- It maintains your anonymity because it does not require KYC or registration.
- You have complete control over your tokens.
- On Uniswap, users may exchange flash swaps.
- Transaction costs are split between Uniswap and liquidity providers for maintaining a healthy growth rate.
Uniswap (v3) Cons
- It only supports ECR-20 tokens.
- The frequency of bogus tokens as a result of open listing.
- Flash swaps can result in cyber-attacks.
Conclusion
Choosing the best cryptocurrency platform for Olyverse (OLY) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.